Analysts foresee an upward trend on the Russian stock market, despite recent news about new searches in YUKOS office and on a notice of a potential default on a $1.6bn debt, received by the company. YUKOS securities have slumped, but this wide sell-off was just the first reaction.
The news about searches in YUKOS headquarters do not affect investors' mood, therefore, one should expect a moderate increase. Analysts foresee the RTS index's strengthening to 630-640 points.
An explosion of household gas occurred in a nine-storeyed apartment building in the city of Shakhty, the Rostov region of Russia. The blast destroyed two storeys of the building